2022
Exports
$2.73MWorld Rnk 63 / 203
Flag Rnk 783 / 1198
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$40.8MWorld Rnk 32 / 225
Flag Rnk 506 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $2.73M in Other Wood Articles, making it the 63rd largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 783rd most exported product in Singapore. The main destination of Other Wood Articles exports from Singapore are: United States ($763k), Malaysia ($642k), United Kingdom ($336k), Japan ($102k), and Chinese Taipei ($101k).

The fastest growing export markets for Other Wood Articles of Singapore between 2021 and 2022 were United States ($559k), United Kingdom ($227k), and Chinese Taipei ($69.5k).

Imports In 2022, Singapore imported $40.8M in Other Wood Articles, becoming the 32nd largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 506th most imported product in Singapore. Singapore imports Other Wood Articles primarily from: China ($27M), Indonesia ($4.75M), Malaysia ($4.58M), France ($594k), and Japan ($576k).

The fastest growing import markets in Other Wood Articles for Singapore between 2021 and 2022 were China ($18.9M), Indonesia ($2.02M), and Malaysia ($971k).

COMPANIES In 2023, leading companies such as QVC Inc (1) were at the forefront of shipping Other Wood Articles from Singapore to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Wood Articles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.73M
IMPORTS (2022)$40.8M
NET TRADE (2022)-$38.1M

In 2022, Singapore exported $2.73M in Other Wood Articles. The main destinations of Singapore exports on Other Wood Articles were United States ($763k), Malaysia ($642k), United Kingdom ($336k), Japan ($102k), and Chinese Taipei ($101k).

In 2022, Singapore imported $40.8M in Other Wood Articles, mainly from China ($27M), Indonesia ($4.75M), Malaysia ($4.58M), France ($594k), and Japan ($576k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$559k (274%)
United Kingdom$227k (209%)
Chinese Taipei$69.5k (220%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Singapore WERE (2021 - 2022):
Vietnam-$430k (-95%)
Malaysia-$404k (-38.6%)
China-$199k (-96%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Other Wood Articles were:
China $4.03B
In 2022, Singapore's main importing competitors in Other Wood Articles were:

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $160k
TOP IMPORT POTENTIALChina+ $3.17M

Other Wood Articles’s highest export potential is United States. With an export gap of $160k.   Other Wood Articles’s highest import potential is China with an import gap of $3.17M.

See methodology.

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